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Home » News » India, China to try and resolve trade deficit issue, other economic concerns

India, China to try and resolve trade deficit issue, other economic concerns

Jessica BrownBy Jessica Brown Business
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Mea's spokesman, Randhir Jaiswal, addresses a press conference, in Delhi on Thursday

Mea’s spokesman, Randhir Jaiswal, addresses a press conference, in Delhi, on Thursday | Photo credit: PTI

India will try to solve specific Conns in economic and commercial areas with China, including the growing commercial deficit with the country that touched almost $ 100 billion in fiscal year 2000, through relevant mechanisms, by the Ministry of External Affairs.

Conversations were also being made for the resumption of flights between India and China, which were suspended in 2020 after the Galwan Valley clash, and the technical teams of the two parties were watching the arrangements.

“Specific concerns in economic and commercial areas (with China), including the commercial deficit of India, will be discussed through relevant mechanisms in order to solve these problems and promotion of long -term policy transparency and predicted to the silsperity’s of the silsperity atsperity that answers a question.

Both parties agreed to resume and extend the dialogue mechanisms for functional exchanges step by step to address each priority areas of interest and concern when Foreign Secretary Vikram Miskri visited China in January of this year, he said.

On curriculum flights

In resumption of direct flights, the spokesman said that the two civil aviation authorities had and were discussing the relevant modalities, including the updated frame, which was essential and involved technical conversations.

The discussions with China are at multiple levels and a variety of problems were discussed such visa problems, exchanges of people to people, movement between the two countries and the Kailash Monsarovar Yatra, Jaiswal added.

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Reuters

Posted on April 17, 2025

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